@Marc Shin, I echo Gino's thoughts.First the financial: assessing any improvements will come down to how those improvements affect both your cashflow and your overall value of the asset.  

The only rule that has changed in the last 18 months is the seasoning requirement, which is a lending name for waiting period, to be able to use an improved value to pull cash out has gone from 6 to 12 months.

This can reduce rates, improve cash flow and un-encumber properties for other usages. - Borrow more or less than you need.

However, it improves fast.  

The hard part is figuring out what you can easily delegate but that is true of most businesses (I was good at it when I worked for someone else, but not good at it for my own items but want to improve).  

@Anastasia MonroTo achieve financial independence in real estate, focus on boosting savings, improving credit, getting pre-approved for a mortgage, searching for properties with high rental demand, researching local laws and regulations, building a team, staying educated, preparing for property maintenance and management, and being patient and persistent.

It's always tough to know if someone is just complaining or truly has something to point out that you can improve on.

If you told him you have been playing pickup games for the past year and need help improving your jump shot, now he has evidence you're motivated and a specific goal he can quickly help you work towards.

Those of us who have done it awhile are just used to the risk and can stomach when things go sour.

As a concerned neighbor we are desperate to find a more qualified owner to improve the living conditions for these residents and avert any pending disaster.